6 days Ago By ABMN Staff
Mariner LLC grew its position in Axalta Coating Systems Ltd. ( NYSE:AXTA – Free Report ) by 14.6% in the 4th quarter, according to its most recent filing with the SEC.
The firm owned 24,931 shares of the specialty chemicals company’s stock after buying an additional 3,176 shares during the period. Mariner LLC’s holdings in Axalta Coating Systems were worth $853,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors also recently made changes to their positions in the company.
Barclays PLC lifted its holdings in Axalta Coating Systems by 71.1% during the fourth quarter. Barclays PLC now owns 264,366 shares of the specialty chemicals company’s stock worth $9,049,000 after acquiring an additional 109,883 shares in the last quarter.
Rockefeller Capital Management L.P. lifted its holdings in Axalta Coating Systems by 6.
1% during the fourth quarter. Rockefeller Capital Management L.P.
now owns 16,630 shares of the specialty chemicals company’s stock worth $569,000 after acquiring an additional 960 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Axalta Coating Systems in the fourth quarter valued at about $7,127,000.
Greenland Capital Management LP bought a new stake in shares of Axalta Coating Systems in the fourth quarter valued at about $520,000. Finally, FIL Ltd lifted its holdings in shares of Axalta Coating Systems by 58.9% in the fourth quarter.
FIL Ltd now owns 1,480,871 shares of the specialty chemicals company’s stock valued at $50,675,000 after purchasing an additional 548,752 shares in the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.
Axalta Coating Systems Stock Down 0.2 % Shares of NYSE AXTA opened at $31.77 on Tuesday.
The stock has a market capitalization of $6.94 billion, a P/E ratio of 17.85, a P/E/G ratio of 0.
92 and a beta of 1.33. The company has a 50-day moving average price of $33.
18 and a 200-day moving average price of $35.79. Axalta Coating Systems Ltd.
has a 1 year low of $27.70 and a 1 year high of $41.66.
The company has a debt-to-equity ratio of 1.74, a current ratio of 2.01 and a quick ratio of 1.
47. Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on AXTA shares. BNP Paribas upgraded shares of Axalta Coating Systems from a “neutral” rating to an “outperform” rating and set a $38.
00 target price on the stock in a report on Thursday, April 10th. Barclays lifted their price objective on shares of Axalta Coating Systems from $44.00 to $45.
00 and gave the stock an “overweight” rating in a research report on Wednesday, February 5th. Wolfe Research raised shares of Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 target price for the company in a research report on Friday, January 17th.
Mizuho set a $37.00 price objective on shares of Axalta Coating Systems in a research report on Tuesday, April 15th. Finally, Wells Fargo & Company cut their price objective on shares of Axalta Coating Systems from $42.
00 to $37.00 and set an “overweight” rating for the company in a research report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company.
According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $41.36.
Get Our Latest Stock Analysis on AXTA Insider Buying and Selling at Axalta Coating Systems In other news, insider Troy D. Weaver sold 10,457 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $37.
57, for a total value of $392,869.49. Following the sale, the insider now owns 74,905 shares of the company’s stock, valued at $2,814,180.
85. The trade was a 12.25 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . Corporate insiders own 0.40% of the company’s stock.
Axalta Coating Systems Company Profile ( Free Report ) Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.
See Also Want to see what other hedge funds are holding AXTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axalta Coating Systems Ltd. ( NYSE:AXTA – Free Report ).
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